The latest close is below the activity area established before the last four weeks. 4 of those four closes were below that area. Recent volume balance is negative; the estimated activity centre is lower.
52 weeks2025-10-10 to 2026-10-02Weekly volume estimate
The relationship beneath price ยท 2026-10-02
Volume-supported decline
These diagnostics use fixed windows through the latest completed week. Chart period controls below change the activity study separately.
Four-week price move-18.7%-33.2% over thirteen weeks
Latest relative volume0.67ร1.41ร recent four-week median
Closing pressure-28.1%Volume-weighted position within weekly ranges
Up-week volume share29.1%70.9% in declining weeks ยท last 13 weeks
13-week range breakdown
Price and pressure through time
Compare four-week returns with four-week closing pressure. Opposite signs reveal disagreement; agreement alone is not predictive.
View weekly evidence values
Week
4-week return
Pressure
Relative volume
2025-12-19
-32.2%
-58.4%
4.86ร
2025-12-26
-31.4%
-57.5%
0.67ร
2026-01-02
-14.3%
-24.7%
1.52ร
2026-01-09
-17.5%
-23.3%
0.90ร
2026-01-16
-19.7%
-42.3%
1.85ร
2026-01-23
-17.0%
-28.3%
1.64ร
2026-01-30
-11.7%
-34.5%
1.09ร
2026-02-06
0.0%
-25.3%
0.90ร
2026-02-13
4.1%
-11.9%
0.90ร
2026-02-20
4.1%
-20.1%
0.06ร
2026-02-27
-5.7%
-65.4%
0.72ร
2026-03-06
-5.8%
-41.8%
1.54ร
2026-03-13
0.0%
15.0%
1.35ร
2026-03-20
0.0%
12.4%
1.35ร
2026-03-27
-28.0%
-24.3%
3.44ร
2026-04-03
-23.5%
-24.6%
0.72ร
2026-04-10
-29.4%
-44.7%
0.77ร
2026-04-17
-28.4%
-40.6%
0.53ร
2026-04-24
-4.2%
49.9%
1.85ร
2026-05-01
-9.3%
43.2%
0.44ร
2026-05-08
0.0%
49.6%
0.84ร
2026-05-15
30.1%
44.9%
4.53ร
2026-05-22
21.7%
33.6%
0.35ร
2026-05-29
17.7%
35.1%
0.37ร
2026-06-05
25.0%
35.3%
0.49ร
2026-06-12
-15.8%
-31.7%
0.45ร
2026-06-19
-19.1%
-42.6%
1.28ร
2026-06-26
-12.5%
-40.0%
0.07ร
2026-07-03
-18.9%
-38.5%
0.44ร
2026-07-10
-17.5%
-20.2%
0.22ร
2026-07-17
-4.4%
16.3%
0.36ร
2026-07-24
-8.6%
-2.1%
0.15ร
2026-07-31
-17.8%
-81.1%
0.59ร
2026-08-07
-4.6%
-99.0%
0.01ร
2026-08-14
10.8%
-67.1%
0.20ร
2026-08-21
-1.6%
-64.2%
0.12ร
2026-08-28
-3.3%
-65.6%
0.89ร
2026-09-04
-4.8%
-50.3%
1.77ร
2026-09-11
-22.2%
-71.5%
0.99ร
2026-09-18
-9.5%
-65.0%
1.90ร
2026-09-25
-5.2%
-29.4%
4.58ร
2026-10-02
-18.7%
-28.1%
0.67ร
Does support survive a longer view?
Advancing-week volume share against price return and closing pressure.
A high advancing-volume share alongside weak closing pressure can mean price rose between closes but finished low within its weekly ranges. The two measures answer different questions.
Effort and result
85% price efficiency
Four-week net price movement as a share of the total close-to-close path. Lower readings indicate more back-and-forth movement, regardless of volume.
Latest close: 31% of the way from the weekly low to high.
Volume-weighted return tilt
-0.01 percentage points
The volume-weighted average weekly return minus the ordinary average over thirteen weeks. Positive means more volume coincided with stronger returns; negative means volume leaned toward weaker returns.
An association within this listing, not measured capital flow.
Constructive confirmation
7.3 / 100
Price direction0.0 / 30
Closing pressure0.0 / 30
Up-week volume7.3 / 25
Volume confirmation0.0 / 15
Fixed weights favour supported advances. A low score can still contain useful bearish or reversal research.
Test the volume contribution
Did heavier trading change what followed?
Compare high-volume and ordinary-volume weeks with the same price direction.
High volume is at least 1.5ร its preceding 26-week median; ordinary volume is 0.75โ1.25ร. Returns start at that weekโs close. Each group uses non-overlapping completed outcomes.
Starting observation
After
High-volume examples
Median return
Ordinary examples
Median return
Difference
Advancing weeks
4 weeks
13
0.0%
17
-5.7%
5.7 points
Advancing weeks
13 weeks
8
-23.3%
11
-12.5%
-10.8 points
Declining weeks
4 weeks
14
3.7%
19
0.0%
3.7 points
Declining weeks
13 weeks
9
-9.4%
9
-6.7%
-2.7 points
At least eight completed examples in both groups are required. Groups may overlap each other, and differ in volatility, trend and market conditions; their difference is not a causal volume effect or a statistical claim of edge. Up to six years of available history; price returns exclude dividends, costs and execution. Fixed definitions have not been validated out of sample.
Inspect the dated observations
Advancing weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-11
2021-07-09
-13.2%
High volume
2022-03-18
2022-04-15
1.9%
High volume
2022-06-03
2022-07-01
0.3%
High volume
2022-09-09
2022-10-07
-21.5%
High volume
2022-11-18
2022-12-16
13.4%
High volume
2023-01-06
2023-02-03
1.2%
High volume
2023-05-19
2023-06-16
0.0%
High volume
2025-02-07
2025-03-07
-8.3%
High volume
2025-03-07
2025-04-04
1.8%
High volume
2025-04-25
2025-05-23
0.8%
High volume
2026-01-02
2026-01-30
-11.7%
High volume
2026-05-15
2026-06-12
-15.8%
High volume
2026-09-04
2026-10-02
-18.7%
Ordinary volume
2021-05-14
2021-06-11
30.7%
Ordinary volume
2021-06-25
2021-07-23
-17.2%
Ordinary volume
2021-08-13
2021-09-10
-16.1%
Ordinary volume
2021-10-08
2021-11-05
-13.1%
Ordinary volume
2022-01-21
2022-02-18
-11.0%
Ordinary volume
2022-04-29
2022-05-27
-13.8%
Ordinary volume
2022-07-22
2022-08-19
-8.0%
Ordinary volume
2022-08-26
2022-09-23
-18.9%
Ordinary volume
2022-11-04
2022-12-02
39.1%
Ordinary volume
2023-04-28
2023-05-26
4.0%
Ordinary volume
2023-07-28
2023-08-25
-14.8%
Ordinary volume
2023-08-25
2023-09-22
3.2%
Ordinary volume
2023-09-22
2023-10-20
-3.1%
Ordinary volume
2024-12-13
2025-01-10
-5.7%
Ordinary volume
2025-04-18
2025-05-16
13.3%
Ordinary volume
2026-01-30
2026-02-27
-5.7%
Ordinary volume
2026-05-08
2026-06-05
25.0%
Advancing weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-06-11
2021-09-10
-30.7%
High volume
2022-03-18
2022-06-17
-7.0%
High volume
2022-09-09
2022-12-09
29.6%
High volume
2022-12-09
2023-03-10
-31.8%
High volume
2023-05-19
2023-08-18
-22.5%
High volume
2025-02-07
2025-05-09
2.5%
High volume
2026-01-02
2026-04-03
-37.5%
High volume
2026-05-15
2026-08-14
-24.2%
Ordinary volume
2021-05-14
2021-08-13
7.9%
Ordinary volume
2021-08-13
2021-11-12
-18.3%
Ordinary volume
2022-01-21
2022-04-22
-30.1%
Ordinary volume
2022-04-29
2022-07-29
-10.3%
Ordinary volume
2022-08-12
2022-11-11
-6.9%
Ordinary volume
2022-11-25
2023-02-24
-16.5%
Ordinary volume
2023-04-28
2023-07-28
7.2%
Ordinary volume
2023-07-28
2023-10-27
-16.7%
Ordinary volume
2024-12-13
2025-03-14
1.6%
Ordinary volume
2026-01-30
2026-05-01
-35.9%
Ordinary volume
2026-05-08
2026-08-07
-12.5%
Declining weeks ยท 4 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-30
2021-08-27
-11.8%
High volume
2021-09-10
2021-10-08
4.6%
High volume
2022-03-11
2022-04-08
5.8%
High volume
2022-06-10
2022-07-08
-4.2%
High volume
2022-12-30
2023-01-27
19.1%
High volume
2023-08-18
2023-09-15
-0.9%
High volume
2024-10-25
2024-11-22
-6.3%
High volume
2025-01-17
2025-02-14
8.1%
High volume
2025-02-21
2025-03-21
13.4%
High volume
2025-03-28
2025-04-25
3.3%
High volume
2025-12-19
2026-01-16
-19.7%
High volume
2026-01-16
2026-02-13
4.1%
High volume
2026-03-06
2026-04-03
-23.5%
High volume
2026-04-24
2026-05-22
21.7%
Ordinary volume
2021-05-07
2021-06-04
14.3%
Ordinary volume
2021-06-04
2021-07-02
9.4%
Ordinary volume
2021-07-09
2021-08-06
-5.8%
Ordinary volume
2021-09-17
2021-10-15
9.1%
Ordinary volume
2021-11-05
2021-12-03
3.1%
Ordinary volume
2022-04-22
2022-05-20
-0.1%
Ordinary volume
2022-07-01
2022-07-29
-14.4%
Ordinary volume
2022-08-05
2022-09-02
2.3%
Ordinary volume
2022-09-02
2022-09-30
-16.2%
Ordinary volume
2022-10-28
2022-11-25
52.6%
Ordinary volume
2023-02-17
2023-03-17
-13.2%
Ordinary volume
2023-03-31
2023-04-28
-0.4%
Ordinary volume
2023-08-04
2023-09-01
-22.1%
Ordinary volume
2024-11-22
2024-12-20
0.8%
Ordinary volume
2025-01-10
2025-02-07
3.5%
Ordinary volume
2026-01-09
2026-02-06
0.0%
Ordinary volume
2026-02-06
2026-03-06
-5.8%
Ordinary volume
2026-04-10
2026-05-08
0.0%
Ordinary volume
2026-08-28
2026-09-25
-5.2%
Declining weeks ยท 13 weeks
Volume group
Observation
Outcome date
Return
High volume
2021-07-30
2021-10-29
-10.9%
High volume
2022-03-11
2022-06-10
-0.1%
High volume
2022-06-10
2022-09-09
-11.8%
High volume
2022-12-30
2023-03-31
-10.9%
High volume
2023-08-18
2023-11-17
-4.3%
High volume
2024-10-25
2025-01-24
-9.4%
High volume
2025-02-21
2025-05-23
11.6%
High volume
2025-12-19
2026-03-20
-16.4%
High volume
2026-03-27
2026-06-26
-2.8%
Ordinary volume
2021-05-07
2021-08-06
7.2%
Ordinary volume
2021-09-17
2021-12-17
-3.5%
Ordinary volume
2022-04-22
2022-07-22
0.2%
Ordinary volume
2022-08-05
2022-11-04
-13.0%
Ordinary volume
2023-02-17
2023-05-19
-6.0%
Ordinary volume
2023-08-04
2023-11-03
-14.2%
Ordinary volume
2024-11-22
2025-02-21
-6.7%
Ordinary volume
2026-01-09
2026-04-10
-30.8%
Ordinary volume
2026-04-10
2026-07-10
-8.3%
Price, activity and volume balance
Where volume is concentrated
2026-10-02Close 0.244
Weekly priceEstimated volume at priceMost active priceEarlier activity areaEstimated volume balance
Move over the chart, tap a week, or use the arrow keys to inspect it. The profile estimates where volume sits within weekly price ranges. The lower chart accumulates volume weighted by where each week closed in its range; its starting point changes with the selected period. This is not trade-based CVD.
Most active price0.5112
Earlier activity area0.3092 โ 0.63
Recent volume balance-28.1%
Recent weekly volume0.87ร
View chart values
Completed weekly observations
Week ending
Close
Volume
2025-10-10
0.95
1571000
2025-10-17
0.91
2275000
2025-10-24
0.92
895264
2025-10-31
0.92
333000
2025-11-07
0.91
1039000
2025-11-14
0.91
1898848
2025-11-21
0.90
2889000
2025-11-28
0.86
2897000
2025-12-05
0.70
7298000
2025-12-12
0.63
4521000
2025-12-19
0.61
10539939
2025-12-26
0.59
1497000
2026-01-02
0.60
3303000
2026-01-09
0.52
2022000
2026-01-16
0.49
4127000
2026-01-23
0.49
3747000
2026-01-30
0.53
2494000
2026-02-06
0.52
2156000
2026-02-13
0.51
2156000
2026-02-20
0.51
133000
2026-02-27
0.50
1605000
2026-03-06
0.49
3352000
2026-03-13
0.51
2946000
2026-03-20
0.51
2937000
2026-03-27
0.36
7695000
2026-04-03
0.375
1719000
2026-04-10
0.36
1839000
2026-04-17
0.365
1265000
2026-04-24
0.345
4291000
2026-05-01
0.34
1181000
2026-05-08
0.36
2269000
2026-05-15
0.475
12193948
2026-05-22
0.42
1003000
2026-05-29
0.40
1000000
2026-06-05
0.45
1168000
2026-06-12
0.40
998000
2026-06-19
0.34
2757000
2026-06-26
0.35
158000
2026-07-03
0.365
940000
2026-07-10
0.33
461000
2026-07-17
0.325
726000
2026-07-24
0.32
263000
2026-07-31
0.30
988000
2026-08-07
0.315
19000
2026-08-14
0.36
239000
2026-08-21
0.315
143000
2026-08-28
0.29
1044000
2026-09-04
0.30
1961000
2026-09-11
0.28
1090000
2026-09-18
0.285
2023000
2026-09-25
0.275
4890000
2026-10-02
0.244
710000
Earlier and recent activity
What has changed?
The recent comparison uses the last four completed weeks.
Activity centre
Lower
The recent centre moved -48.21% against the earlier part of this period.
Price and volume
No clear disagreement
Price changed -18.67% over four weeks. Volume balance is -28.1% on a scale from โ100% to +100%.
Volume and price movement
Recent volume is close to its earlier norm
Recent median weekly volume is 0.87ร the earlier median. This describes price response, not the identity of buyers or sellers.
Recent closes
4 of 4 closes below
Price was below the earlier area before these four weeks. The earlier boundaries stay fixed for this comparison.
Activity over time
Darker cells show more estimated volume at that price. Use the chart to see where activity has moved. For longer periods, a column combines several weeks.
Volume and price movement
Each dot is a week. Compare weekly volume with the move from open to close.
What to check next
Holding outside the area
Further closes below the earlier area would show that price is staying outside it. Compare them with the direction of recent volume balance.
Returning inside
A close back inside the earlier area would weaken the move outside it. Check whether the return lasts more than one week.
Price and volume disagreeing
There is no clear disagreement at present. Check whether volume balance continues to support any further price move.
Same stock ยท Earlier observations
Previous examples
Descriptive history, not a forecast.
Comparisons use the same period length, position relative to the earlier activity area and direction of recent volume balance. Outcomes do not overlap for each following period. At least five examples are needed to show a matched median. The median is the middle result; the all-period median includes earlier periods regardless of their volume reading.
Subsequent price changes
After
Examples
Median change
Sample
4 weeks
13
-0.07
Available
13 weeks
6
8.1
Available
Returns are close-to-close price changes. Interim lows show the lowest price reached during the period. Dividends, fees and trade execution are not included. The available history contains up to six years of weekly observations.
Compare with other studies
These studies describe different parts of the same market. Check each observation date.
The selected period sets the profile and volume balance starting point. โStart from a dateโ uses the first available week on or after that date. At least 13 consecutive weeks are required.
Compare earlier activity
The earlier activity area contains most of the estimated volume before the last four weeks. The activity centre is the average estimated price, weighted by volume. Compare subsequent closes with its boundaries, then read the volume balance alongside the price move.
Check the data
Volume is reported for the whole week. The distribution within the range and the direction of pressure are estimates. They cannot identify individual trades, investor holdings or institutional buying.
Reports use saved weekly data and refresh when those records change. Missing or invalid weeks restrict the available periods. 6 invalid records were excluded from the available history.
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